Ellington Place EDGE District 200 17th St N 74 Unit Apartment Building $4,070,000 ($55,000/Unit) Saint Petersburg, FL 33713

200 17th Street North represents a rare opportunity to acquire or capitalize a highly advanced boutique-scale multifamily development site in Downtown St. Petersburg. The project is planned for a 74-unit apartment community within the Edge District/Downtown St. Pete area, a walkable urban submarket supported by nightlife, cafes, restaurants, employment, cultural amenities, and proximity to the Central Avenue corridor.
The Project benefits from a substantial predevelopment package, including architectural, civil, structural, MEPF drawings, landscape plans, survey, geotechnical report, Phase I Environmental Site Assessment, hydrant flow information, engineering review documentation, and City permit materials. This advanced level of diligence provides a prospective buyer, developer, or capital partner with a meaningful head start compared with a raw land acquisition.
Downtown St. Petersburg is one of the most dynamic and desirable multifamily submarkets in Florida. The area continues to benefit from strong population growth, a growing employment base, tourism, cultural attractions, and significant lifestyle demand from renters seeking walkable urban living.
Ellington Place Edge District is located at 200 17th Street North in St. Pete’s EDGE District - a vibrant Main Street neighborhood running along Central Avenue between 9th and 16th Streets. The EDGE is widely recognized as one of the most energetic urban corridors in all of Florida, celebrated for its eclectic mix of independent restaurants, craft breweries (including Green Bench Brewing, just three blocks away), art galleries, vintage shops, and live music venues. The neighborhood has been particularly lauded for its adaptive reuse of historic buildings, which now house modern creative businesses alongside entirely new ground-up developments.
Just to the south, the $6.5 billion Historic Gas Plant District redevelopment, led by the Tampa Bay Rays and Hines, is transforming the Tropicana Field site into a landmark mixed-use district featuring a new baseball stadium, hotel towers, office, retail, and thousands of new residential units. This generational catalyst project is less than half a mile from 200 17th Street North and is expected to dramatically increase residential demand, foot traffic, and submarket rents over the next decade.